Sales Analysis.
Jardine Matheson Holdings Ltd. reported sales of HK$320.58 billion (US$41.36 billion)
for the
year ending
December of 2019.
This
represents
a
decrease of 3.8%
versus 2018, when the company's sales were HK$333.34 billion.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Jardine Matheson Holdings Ltd. had sales
of HK$309.61 billion.
Contributing to the drop in overall sales was the 13.0% decline
in Hong Kong Land, from HK$20.89 billion to HK$18.17 billion.
There were also decreases in sales in
Astra (down 2.0% to HK$131.63 billion)
and
Dairy Farm (down 4.8% to HK$87.68 billion)
and
Jardine Motors Group (down 3.7% to HK$44.58 billion)
and
Cycle and Carriage (down 7.8% to HK$14.01 billion)
and
Mandarin Oriental (down 7.7% to HK$4.44 billion)
.
However, these declines were partially offset by the increase in sales of
Jardine Pacific (up 1.9% to HK$20.64 billion)
.